NaBFID to raise Rs 30,000 cr during Q4 for funding infra projects: MD

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NaBFID Managing Director and Chief Executive Officer Rajkiran Rai G has said it is planning to raise Rs 30,000 crore during the ongoing quarter for funding infrastructure projects in the country.

"We were expected to touch Rs 1 lakh crore of (loan) sanction this year (FY25)...we are very close to that, and we will be crossing that target this year," he told PTI in an interview.

National Bank for Financing Infrastructure and Development (NaBFID) raised about Rs 5,000 crore via a 15-year paper.

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Category: BusinessFinance

Markets: India

Topics: Rajkiran Rai National Bank for Financing Infrastructure and Development Finance Minister

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-09 @ 11:01:06 (2 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

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